Homegrown tech giant GoTo has inked a memorandum of understanding (MoU) with its key shareholder, Chinese eCommerce ...
Alphabet Inc's YouTube and e-commerce platform Shopee said on Wednesday they were launching an online shopping service in ...
Alphabet Inc's YouTube and e-commerce platform Shopee said on Wednesday they were launching an online shopping service in ...
Chinese tech giant Alibaba showed it's not just Meta, Google and Amazon that can use their financial heft to buy a foothold ...
GoTo Group agreed to use to cloud services from Alibaba Group Holding Ltd., which pledged to not sell down its stake in the ...
Time Magazine has ranked China’s internet watchdog head and the chairman of TikTok owner ByteDance among the 100 most influential people working in artificial intelligence for their impact on th ...
Indonesian ride-hailing provider GoTo Group is pulling out of Vietnam, abandoning a market where it faced fierce competition.
The exit is the latest step in GoTo's quest for profitability, as it narrows its focus to Indonesia and Singapore.
With gross merchandise value of $78.5 billion in 2023, Shopee has to face off against rivals such as Alibaba’s Lazada and Indonesia’s Tokopedia, now part of ByteDance’s TikTok Shop.
It exited Thailand in 2021 and late last year relinquished control of loss-making e-commerce arm Tokopedia to ByteDance’s TikTok in a US$1.5 billion deal. Still, GoTo has yet to reach positive net ...